Moody’s upgrades CenterPoint Energy Resources commercial paper to Prime-1
Moody’s upgraded CenterPoint Energy Resources Corp.’s commercial paper rating to Prime-1 from Prime-2, correcting an earlier rating-action error. The change does not affect the company’s other ratings or stable outlook. Moody’s cited continued credit strength, including CFO pre-W/C to debt in the 21–26% range, and expects gas capital spending to rise further through 2030.